مجلة الإستراتيجية والتنمية
Volume 10, Numéro 4, Pages 491-508

Private Investment And Economic Growth In Algeria: The Ardl Bounds Testing Approach (1970-2017)

Authors : Zahi Yacine . Benatta Mohamed .

Abstract

This paper presents a study on the impact of public and private investment on economic growth in Algeria in light of reforms and economic trends towards a market economy. Using annual data from 1970 to 2017, the study applies the recently developed Autoregressive Distributed Lag (ARDL)- bounds testing approach . The study concluded that we have important results so that private investment has a positive impact on economic growth in the short and long terms in line with efforts made to develop the private sector, while public sector investment has a insignificant impact on economic growth, the results also showed that the employment component Export and import also have a positive effect in the long and short run.

Keywords

private investment ; economic growth ; ARDL test ; co-integration ; Algeria